PWC's Moritz: Cyber Security Top 2014 Tech Concern

1/24/2014 6:30AM

Bob Moritz chairman of PWC in the U.S. and a leader in the firm's tech practice, told Deborah Ball at the World Economic Forum that cyber security will remain among the top tech concerns this year. Photo: Getty Images

This transcript has been automatically generated and may not be 100% accurate.

I ... I ... or Etsy at us ... and you see ... it has the Suntec ... disgusting isn't one to think the thing about that ... looking ahead to two thousand and fourteen would you say as Simon and the potential to surprise the destruction of this year and that's that's all I mean here's a few things that are out there are three important one is cyber security ... and the question of when you have the attacks that we have on their quest to the new government's response regulation or otherwise ... and I think the big question is is gonna be a worldwide response is this gonna be asylum governmental response and how corporates and technology companies reacted as the real import price to watch ... the citizens of data privacy issues controls procedures on ... the second thing I would discusses on is looking at the tech company is ... and how they continue to expand on ecosystems Google's acquisition going into now ... thermostats ... is an interesting phenomenon some zucchini Mauritania around customer experiences ... and what they'll leave you with that ... so many see other tech companies that same space may be expanding their horizons in terms of what is that we need to tap into ... the maybe allows us to gain more access to name the Lamont and capabilities like around whatever ... and so I think ill be missing out on top of that ... I think is a slow burn but nonetheless important ... which is for the consumer driven organizations ... health care companies will the neon seaside perhaps ... really allowing for their business models that change ... can be changed from of data driven business model perspective as opposed to a person model perspective ... and as we see many organizations in a fairly well I think the pursuit of becoming worn on top of that ... and the big issue with our with our own CEO survey is ... aam Moline eighty six percent of the CEO's around the world said technology is gonna be the biggest driver no matter what sector to rent ... the challenges they would say they're not culpable cuz it's moving so fast that the pace ... and the question is what I T department of the town's two thirds of Democrats is that they're not ready for that tells us how are they allowed unregistered apparel as if they are better they are they ... I think you've gotten so a couple differ but you've got those that are some of our allies may be afraid to jump into that we make the wrong choice in the world moves into production ... you've got others that are very focused on it and a writing that for an actual come out as being a winner ... I think you've got others that are struggling in this is where it becomes interesting for the talent that space ... another set of gave you is the CEO would say at a record high level I don't have the talented management strategy to achieve my objectives ... and a lot of it is in that space in terms of do at the right resources answer to think about changing business models enabled by technology ... and the technologists to do it ... nothing of taking a bit of the divide between us and the Europeans into the response to the security cybersecurity issues of privacy mean ... we hear in your app that of a dividend to the Americans is academic and a public at a guest resolve inspections in a bubble like this these chances I think you'll be complicated to do the individual countries or regions for example are taking a different Wednesday while the stop and take it some point the Merced again I don't see that happen the next twelve months of the next twelve months with difficult this base ... and as tech companies and corporate straw to ... manage their way through this complexity is gonna be difficult for them